Investments
2021, June, 16, 11:05:00
HYDROPOWER WILL NEED TO DOUBLE
To limit dangerous global warming and achieve net zero by 2050, the International Energy Agency (IEA) says the water power sector will need to double in size to 2,600GW.
2021, June, 16, 10:40:00
BIG OIL RENEWABLE INVESTMENT UP
Oil & Gas (O&G) companies in fact increased their overall investment into various forms of clean energy by over 30%
2021, June, 9, 12:40:00
EUROPEAN TRANSITION FUND €17.5BLN
The Council of the European Union has approved a regulation creating the €17.5bn Just Transition Fund (JTF).
2021, June, 9, 12:35:00
UAE HYDROGEN DEVELOPMENT $122 BLN
A new “Hydrogen Alliance” was launched by the UAE Ministry of Energy and Infrastructure and three of Abu Dhabi’s largest government-backed companies (Mubadala Investment Company, Abu Dhabi National Oil Company, and ADQ) in January 2021
2021, June, 9, 12:30:00
CHINA'S OFFSHORE WIND $3.6 BLN
China Three Gorges Renewables (75% owned by China Three Gorges Corporation) had a total capacity of 11.9 GW as of September 2020, with 58% of wind, 40% of solar and 2% of small hydro.
2021, June, 7, 11:50:00
GERMANY'S CLIMATE INVESTMENT $9.6 BLN
The measures starting 2022 were needed to deliver on a new 2030 climate law draft
2021, June, 4, 12:10:00
GLOBAL ENERGY INVESTMENT WILL UP TO $1.9 TLN
In 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from 2020 and bringing the total volume of investment back towards pre-crisis levels. However, the composition has shifted towards power and end-use sectors – and away from traditional fuel production.
2021, June, 4, 11:55:00
NORTH MACEDONIA ENERGY INVESTMENT €3.1 BLN
North Macedonia has unveiled an €8.2bn investment plan for the 2021-2027 period, including €3.1bn for the energy sector.
2021, June, 4, 11:50:00
SOUTH AFRICA SOLAR INVESTMENT $1 BLN
Located in the Northern Cape province, the projects, which would require a US$1bn investment, include a 225 MW/1,140 MWh battery storage.
2021, June, 2, 13:45:00
BRITAIN'S WIND ENERGY 3 GW €11.6 BLN
The £10bn (€11.6bn) project, comprising 200 floating wind turbines, would supply power to offshore oil and gas facilities
2021, June, 2, 13:40:00
BRAZIL'S OIL INVESTMENT $8 BLN
Final Investment Decision (FID) to develop Phase One of the Bacalhau field in the Brazilian pre-salt.
2021, May, 27, 12:55:00
NUCLEAR FOR POLAND €17.5 BLN
In March Westinghouse said it will source and develop a supply chain that could create more than 2,000 jobs in Poland if it is selected as a nuclear power partner for Poland with its AP1000 reactor technology.
2021, May, 27, 12:50:00
NORWAY'S WIND ENERGY 1.4 GW
The project is expected to cost NOK30-35bn (€2.9-3.4bn).
2021, May, 25, 12:15:00
WIND ENERGY FOR POLAND €22.5 BLN
The European Commission has approved Poland's €22.5bn support scheme for offshore wind
2021, May, 24, 12:55:00
COAL INVESTMENT DOWN
In a communique, which Reuters saw and reported on earlier, the Group of Seven nations - the United States, Britain, Canada, France, Germany, Italy and Japan - plus the European Union said "international investments in unabated coal must stop now".